The e-zwich smartcard is an electronic card which allows secured (tied to users fingerprint) payment for goods, services and transfer of funds throughout the country.

It allows users to either spend from pre loaded cash or bank account(s) linked to the smartcard.

FEATURES OF THE SMARTCARD

Works for both the banked and unbanked

Allows you to withdraw cash at any e-zwich enabled ATM or e-zwich terminal across Ghana.

Allows you to deposit cash onto the smartcard

Allows card balance enquiry at any PBL branch throughout the country

Provides transaction reports

Allows transfer of funds from one smartcard to another

Allows transfer of funds from smartcard to merchant and bank account

Allows online and offline merchant transactions

Allows payment of utility bills

Can be linked to more than one bank account

Security: it is based on biometric fingerprint identification system

HOW TO OBTAIN THE SMARTCARD/POS DEVICE

You can obtain a smartcard or Point of Sale (POS) device from any PBL Branch nationwide. Clients and Merchants can complete registration forms from the nearest PBL branch. Individuals need a photo ID (voter's ID card, passport or driver's license) while merchants need their business and VAT registration documents to complete PBL Merchant Registration Forms.

WHERE IT CAN BE USED

The smartcard is accepted by businesses with e-zwich POS device. These businesses include shops, hotels, restaurants, hospitals, schools and Bank branches.

BENEFITS TO SMARTCARD HOLDERS

Less cash to carry

Easier and more accurate expenditure tracking

Competitive interest earned on balances on linked bank accounts

Loss of your smartcard does not translate into loss of money. Report to the nearest PBL branch for a new one to be issued and your balance restored within 48 hours.

Multifunctional; offering the convenience of executing multiple forms of transactions

Can be used anywhere in Ghana.

BENEFITS TO MERCHANTS

Eliminates cash shortage resulting from erroneous counting of large sums of cash.

Enhanced cashflow: Payments received via smartcard take less time to clear than the traditional 2 days for cheques